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TP SL Bot MT5

TP SL Bot is a utility that automatically sets Stop Loss and Take Profit for newly opened orders in several ways. There is also a function for calculating the volume that you need to open the trade to get the desired amount with the specified Stop Loss / Take Profit size.

There are several options for calculating the size and setting parameters:

1. Setting based on the amount specified by the user as a percentage of the current deposit balance.

2. Setting as the amount entered by the user.

3. Setting as the size in points (ticks) entered by the user.

4. Setting as a percentage of the opening price

Features:

Only works with orders open after turning on the utility

And only with orders open on the current instrument.

Benefits:

Simple and convenient interface

It changes Parameters both market and pending orders

It works on all instruments and timeframes

Several operating modes

Calculator for accurate volume calculation

System:

! The utility changes the order parameters when the first tick arrives after the order is opened.

Mode 1 (Percent of deposit). You set the percentage of the deposit to calculate the amount of Stop Loss and Take Profit. The utility calculates the amount and size of the parameters in points (pips). When a new tick arrives, the order parameters change.

Mode 2 (Money). You set the desired amount of Stop Loss and Take Profit. The utility calculates the size in points (pips) and when the first tick arrives, it changes the order parameters.

Attention! In the first two modes, small errors in the amounts are possible, since the given amounts are not always multiples of the minimum tick cost.

Mode 3 (Points). You set Stop Loss and Take Profit in points (pips); the EA changes the order parameters when the first tick arrives.

Mode 4 (Percent of price). You set Stop Loss and Take Profit as a percentage of the opening price.

The system of the volume calculator: You specify the size in points (pips) and the amount of the desired Stop Loss / Take Profit (Size and Amount parameters) for this tool. Bot calculates for you such a trade volume so that you get the desired amount for a given size of Stop Loss / Take Profit. In the work of the calculator, small errors are also possible, since the given amounts are not always multiples of the minimum cost of the tick.

An example of a real-time utility can be seen in the video below.

I will be glad to answer any questions about the indicator!

 

Input parameters

Mode - Selects an operating mode

Object - The choice of what should be changed in the order (Stop Loss and Take Profit, only Stop Loss, only Take Profit)

Mode 1 Percent of deposit

SL as a percentage of deposit - Stop Loss as a percentage of the deposit

TP as a percentage of deposit - Take Profit as a percentage of the deposit

Mode 2 Money

SL in money - Stop Loss size in money terms

TP in money - Take Profit size in money terms

Mode 3 Points

SL in Points (pips) - Stop Loss Size in points or pips (depending on how many characters are in the quote)

TP in Points (pips) - Take Profit size in points or pips (depending on how many characters in the quote)

Mode 4 Percent of price

SL as a percentage of price - Stop Loss as a percentage of the opening price

TP as a percentage of price - Take Profit as a percentage of the opening price

Volume calculation

Calculation - Volume calculator switch (True - on, False - Off)

Amount - The amount of the desired Stop Loss / Take Profit to calculate the volume

Size in points (pips) - Size of the desired Stop Loss / Take Profit in points or pips

Others

Font Color - The font color of the displayed results.

Font Size - The font size of the displayed results.

 


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This utility will allow you to copy any trades from one terminal with the Master setting to other terminals with the Slave setting At the same time, you can choose which pairs to copy, set the size of the copied order by several parameters. Set the limit losses by DrawDown or copy only profitable trades You can copy deals from MT4 or MT5 to MT4 or MT5 other brokers Now it will not be difficult to copy the signals of any Expert Advisor working in MT4 to the MT5 terminal or back Use Copy Master to
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MetaCluster Makes Any Market Transparent! MetaCluster is a professional trading and analytical system for effective trading on Forex , Crypto markets , and Binary Options . MetaCluster performs volume-cluster analysis simultaneously across multiple timeframes of an asset (Multi-Timeframe Analysis), identifying and displaying Target Zones for trade entries that remain invisible when analyzing a single timeframe. This allows you to see the traces of the Market Maker (smart money) and follow him,
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